New Serbia highways on track for completion

Serbia’s Obrenovac-Preljina highway is due to be completed by 2017. Serbia’s Ministry of Construction says that the Obrenovac-Preljina and Ljig-Preljina routes are being financed with the aid of a €274.5 million loan from China's Exim Bank, worth a total of USD 301mn (EUR 274.48mn), while the state budget secured a total of €30.1 million. Meanwhile, €300 million of funding has been secured from Azerbaijan for construction of the Ljig-Preljina route. Corridor 11, between Obrenovac and Preljina will be 105km
August 12, 2015 Read time: 1 min
Serbia’s Obrenovac-Preljina highway is due to be completed by 2017. Serbia’s Ministry of Construction says that the Obrenovac-Preljina and Ljig-Preljina routes are being financed with the aid of a €274.5 million loan from China's Exim Bank, worth a total of USD 301mn (EUR 274.48mn), while the state budget secured a total of €30.1 million. Meanwhile, €300 million of funding has been secured from Azerbaijan for construction of the Ljig-Preljina route. Corridor 11, between Obrenovac and Preljina will be 105km long.
Finance & Funding Road Structures

Related Content

  • Serbia Corridor 11 motorway works due to begin in March 2013
    January 23, 2013
    Miodrag Jocic, State Secretary from the Serbian Ministry of Construction, , said the Chinese company Shandong High Speed Group (SHSG) will begin construction of Serbia’s new Corridor 11 motorway in March 2013. The Lajkovac-Ljig section of the project is said by Jocic to be completely ready for construction. The overall project value is estimated at US$333 million. Jocic said that the parts between Surcinska Petlja to Obrenovac in Belgrade, and from Preljina to Pozega will be most likely financed with a conc
    Read More
  • Serbia upgrading infrastructure
    May 2, 2012
    Serbia has managed to reduce the cost of building the Corridor 10 highway by €80 million. These funds will instead be used to pay for upgrades and improvements needed for the second section of the highway project, close to Neradovci. So far some 180km of the Corridor 10 highway has been built over a 40 month time frame. A further 150km of the highway has still to be built. Work on the Corridor 10 motorway is also being financed by the European Bank for Reconstruction and Development and the state budget. Wh
    Read More
  • Serbia upgrading infrastructure
    March 16, 2012
    Serbia has managed to reduce the cost of building the Corridor 10 highway by €80 million. These funds will instead be used to pay for upgrades and improvements needed for the second section of the highway project, close to Neradovci.
    Read More
  • Corridor 10 project in Serbia may be delayed
    April 2, 2013
    A series of challenges are now facing the project to construct Serbia’s key Corridor 10 highway. The EU has asked the Serbian Government for details of the priority plan and deadlines for the completion of the Corridor 10 highway. At present three sections of Corridor 10 are at risk, due to delays and financing issues. These are the Ciflik-Pirot stretch, the Bancarevo tunnel and the Vladicin Han section. According to Serbian roads company Koridori Srbije, the construction schedule will be set by the end of
    Read More

Highlighted Content